Medical and Recreational
Marijuana Company Kaya Holdings, Inc. (OTCQB:KAYS)
Retains Architectural Firm to Design and Develop 100K Square Foot
Grow and Manufacturing Facility
Envisioned State-of-the-Art Showcase Facility on 26 Acre Company
Owned Property to be Unveiled During Annual KAYS Conference Call
and Podcast
Lebanon, OR -- November 16, 2017 -- InvestorsHub NewsWire --
Kaya Holdings, Inc. (OTCQB:
KAYS), announced today that it has retained the services of the
Willard C. Dixon Architect, LLC, architectural design firm of
Eugene, Oregon, to design and assist with developing the company's
cultivation and manufacturing facilities on its newly acquired 26
acre property in Lebanon, Oregon. Willard C. Dixon & Associates
will assist the Company with the initial site layout and design of
the Kaya Farms Marijuana Grow and Manufacturing Facility,
including, securing all necessary permits, creating construction
documents, and overseeing construction of cost-effective, energy
efficient structures.
The Company recently acquired 26 acres of prime farmland on
which it plans to develop the 100K+ Square Foot Kaya Farms Grow and
Manufacturing Facility, which, using a mix of indoor and greenhouse
cultivation, once fully developed, we anticipate will yield in
excess of 4,500 pounds of top-quality marijuana annually. KAYS will
also expand its production capabilities with brands in oils, vape
cartridges, concentrates, a selection of edibles, and infused
creams and lotions. The Company has certain brands in advanced
stages of development and expects to be making additional
announcements with respect to brand development and introduction in
the near future.
"We are pleased to be working with Will Dixon and his team of
experienced architects", comments Kaya Holdings CEO Craig Frank,
"We have shared with them our vision for the property, including a
mix of indoor growing and greenhouse cultivation, as well as the
development of marijuana processing facilities, and they have drawn
upon previous experience to provide us with choices that will serve
to make Kaya Farms and the brands we develop more efficient, and,
therefore, more competitive." "Will's mandate is to deliver KAYS a
state-of-the-art facility with cutting edge technology that is
aesthetically pleasing and environmentally friendly that will have
a net positive impact on the area's businesses and overall quality
of life", continued Frank.
Save the Date- KAYS Shareholder Conference Call December 20,
2017, at 2:00 PM EST.
KAYS shareholders and other interested parties are reminded to
sign up for the Kaya Holdings Shareholder Call on Wednesday,
December 20, 2017, at 2:00 P.M. EST. The call is expected to last
between 60-90 minutes. Among the topics to be discussed in the call
are Kaya Shack store performance, new store development, OLCC
licensing update, new brands to be introduced in 2018, an industry
overview and the acquisition of our 26 acre parcel and its
development as the Kaya Farms 100K Square Foot Grow and
Manufacturing Facility.
You may register to participate in and receive updates with
respect to the Shareholder call by going to our website at www.kayaholdings.com.
About Kaya Holdings, Inc. (www.kayaholdings.com)
KAYS (OTCQB:
KAYS), through subsidiaries, owns and operates brands that
produce, distribute and/or sell premium cannabis products,
including flower, concentrates and oils, and cannabis-infused
foods.
In 2014, KAYS, became the first publicly traded company to own
and operate a Medical Marijuana Dispensary. KAYS presently operates
three Kaya Shack OLCC licensed marijuana retail stores to service
the legal medical and recreational marijuana market in Oregon, with
store number four currently under construction and expected to open
in Q-4 of 2017. Additionally, KAYS recently acquired a 26 acre
parcel which it has targeted for development of the Kaya Farms
Medical and Recreational Marijuana Grow and Manufacturing
Complex.
IMPORTANT DISCLOSURE: KAYS is planning execution of its stated
business objectives in accordance with current understanding of
State and Local Laws and Federal Enforcement Policies and
Priorities as it relates to Marijuana (as outlined in the Justice
Department's Cole Memo dated August 29, 2013), and plan to proceed
cautiously with respect to legal and compliance issues. Potential
investors and shareholders are cautioned that AFAI and MJAI will
obtain advice of counsel prior to actualizing any portion of their
business plan (including but not limited to license applications
for the cultivation, distribution or sale of marijuana products,
engaging in said activities or acquiring existing Cannabis
production/sales operations). Advice of counsel with regard to
specific activities of KAYS and MJAI, Federal, State or Local legal
action or changes in Federal Government Policy and/or State and
Local Laws may adversely affect business operations and shareholder
value.
Forward Looking Statements
This press release includes statements that may constitute
"forward-looking" statements, usually containing the words
"believe," "estimate," "project," "expect" or similar expressions.
These statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements inherently involve risks and
uncertainties that could cause actual results to differ materially
from the forward-looking statements. Factors that would cause or
contribute to such differences include, but are not limited to,
acceptance of the Company's current and future products and
services in the marketplace, the ability of the Company to develop
effective new products and receive regulatory approvals of such
products, competitive factors, dependence upon third-party vendors,
and other risks detailed in the Company's periodic report filings
with the Securities and Exchange Commission. By making these
forward-looking statements, the Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release.
For more information contact Investor Relations:
954-892-6911